Forex Trend Analysis Report
Prepared for you on Thursday, November 7, 2024.
Swiss Franc/Hungarian Forint (FOREX:CHFHUF)
Bull Market Weakness (+75) - CHFHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFHUF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CHFHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CHFHUF
The long-term trend has been UP since Jun 14th, 2024 at 417.12984
The intermediate-term trend has been UP since Oct 2nd, 2024 at 426.62108
The short-term trend has been DOWN since Nov 7th, 2024 at 431.89191
Smart Scan Analysis for CHFHUF
Based on our trend formula, CHFHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
435.43009 | 435.82299 | 431.72012 | 432.61644 | -2.81365 |
Prev. Close | Volume | Bid | Ask | Time |
435.43009 | 2024-11-07 04:46:28 |